Nutrien Ltd. (TSE:NTR) Senior Officer Buys C$28,472.00 in Stock

Nutrien Ltd. (TSE:NTR - Get Free Report) Senior Officer Mark Thompson acquired 400 shares of the stock in a transaction dated Monday, March 31st. The shares were bought at an average cost of C$71.18 per share, for a total transaction of C$28,472.00.

Mark Thompson also recently made the following trade(s):

• On Tuesday, March 25th, Mark Thompson bought 500 shares of Nutrien stock. The shares were purchased at an average price of C$72.61 per share, for a total transaction of C$36,305.00.
• On Monday, March 3rd, Mark Thompson purchased 1,350 shares of Nutrien stock. The shares were acquired at an average cost of C$71.89 per share, for a total transaction of C$97,051.50.

Nutrien Price Performance

NTR stock traded down C$4.00 during trading on Friday, hitting C$67.42. 2,766,262 shares of the company's stock traded hands, compared to its average volume of 1,807,546. Nutrien Ltd. has a 52 week low of C$60.74 and a 52 week high of C$83.14. The stock has a market capitalization of C$23.21 billion, a price-to-earnings ratio of 31.74, a P/E/G ratio of 1.15 and a beta of 0.95. The business has a fifty day simple moving average of C$73.67 and a 200 day simple moving average of C$69.18. The company has a debt-to-equity ratio of 59.10, a quick ratio of 0.65 and a current ratio of 1.27.

Nutrien Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 31st will be given a dividend of $0.545 per share. This represents a $2.18 annualized dividend and a dividend yield of 3.23%. This is a boost from Nutrien's previous quarterly dividend of $0.54. Nutrien's dividend payout ratio is currently 137.48%.

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Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Piper Sandler upgraded Nutrien from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, January 13th. Barclays downgraded shares of Nutrien from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 21st. Finally, The Goldman Sachs Group raised shares of Nutrien to a "strong sell" rating in a report on Thursday, March 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of C$59.00.

Nutrien Company Profile

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.